Accord Buy to Let to cut 5-year fixed rates

Highlights include two rates both with a free valuation and £950 product fee. There’s a 2.19% product available for house-purchasing landlords with a 40% deposit and £500 cashback, and for landlords with the same equity looking to remortgage, the 2.19% rate will also be available with £250 cashback and free legals.

Accord Buy to Let to cut 5-year fixed rates

From 6pm today Accord Buy to Let will reduce rates on nine of its 5-year fixed rate products, available across both house purchasing and remortgaging products.

Highlights include two rates both with a free valuation and £950 product fee. There’s a 2.19% product available for house-purchasing landlords with a 40% deposit and £500 cashback, and for landlords with the same equity looking to remortgage, the 2.19% rate will also be available with £250 cashback and free legals.

Toni Roberts, Accord Buy to Let’s mortgage product manager, said: “5-year fixed rate products continue to be hugely popular with landlords looking for additional stability in the current climate.

“We’ve responded to the demand by improving rates on a range of products, demonstrating our continued commitment to supporting brokers, listening to their feedback and responding accordingly.”